Washington Mutual

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Latest blogosphere posts tagged “Washington Mutual”

  • Into the bowels of WaMu’s subprime operation


    Mortgage InsiderAuthority Authority: 573
    The Huffington Post recently published a colorful look into how loan underwriting worked, or didn’t work, at Long Beach Mortgage — the subprime operation Washington Mutual bought after Roland Arnall sold his stake in a public offering. The story profiles what life was like at Long Beach for Diane Kosch. She sat ...
    2 days ago
  • The First Item I Ever Bought on EBay


    Andrew FergusonAuthority Authority: 121
    Ten years ago today, I [1] signed up for EBay . I was in 8th grade and so very badly wanted a LEGO set that had recently ceased production. Specifically, set 4555: Freight Loading Cargo Station. 4555: Freight Loading Cargo Station I think I paid somewhere around $77 for it, which was a pretty good deal, since ...
    4 days ago
  • Super Banks: Structured To Fail


    Newsroom MagazineAuthority Authority: 129
    So, while bank examiners comb through every loan transaction, collateral documentation, and performance history, the greater risks, those largely institutional as opposed to transactional, and the incentive to take those risks, goes largely unchallenged.New YorkIn the two decades since repeal of Glass-Steagall, ...
    5 days ago
  • WaMu Wants Documents From The Fed About Its Talks With JPMorgan and Jamie Dimon


    StupidicaAuthority Authority: 177
    The WaMu bankruptcy just got a little more interesting. Washington Mutual, the bankruptcy holding company, is asking a court to compel the FDIC, JPMorgan, Goldman Sachs, and several ratings agencies to turn over emails and other documents relating to JPMorgans acquisition of the bank. Reuters (via The New York Times) ...
    1 week ago
  • Btl Mortgage – Property Developer Incentives For Landlords Looking To Invest In …


    Unique-Article-Database.comAuthority Authority: 159
    The option of buy to let mortgage providerss has provided a profitable alternative to building societies, stocks and shares with far less chance of losing your money. This is a different kind of loan planned for landlords and property owners. According to the uk laws of getting buy to let mortgage providerss, there is ...
    1 week ago
  • JP Morgan accused of driving down Washington Mutuals share price


    Daily Telegraph | Telegraph.co.ukAuthority Authority: 969
    JP Morgan Chase is being accused of attempting to drive down Washington Mutuals share price ahead of the Seattle-based banks collapse at the height of the financial crisis in September 2008.
    1 week ago
  • The true story behind the collapse of Washington Mutual


    BloggingStocksAuthority Authority: 667
    Filed under: Insiders , Market matters , JPMorgan Chase (JPM) , Financial Crisis Washington Mutual (WaMu) was the largest savings and loan company in the country . It was seized by the government in September 2008 and sold to JPMorgan Chase ( JPM ) for a piddling $1.9 billion dollars. Now the company wants to ...
    1 week ago
  • Wamu Asks to Probe Fed Over Collapse


    DealBookAuthority Authority: 772
    Washington Mutual, the bankrupt holding company, asked a federal court to compel the U.S. Federal Reserve, U.S. Treasury and more than a dozen others to turn over documents relating to its collapse in 2008.
    1 week ago
  • Shadowstats John Williams: Prepare For The Hyperinflationary Great Depression


    zero hedgeAuthority Authority: 739
    John Williams, who runs the popular counter government data manipulation site Shadowstats , has thrown down the gauntlet to deflationists, and in an extensive report concludes that the probability of a hyperinflationary episode in America over the next year has reached critical levels. While the debate between ...
    1 week ago
  • CIT Shares Rise in N.Y.S.E. Debut


    DealBookAuthority Authority: 772
    CIT Groups new shares rose as much as 6 percent from opening levels in their debut on the New York Stock Exchange on Thursday as the lender to small businesses emerged from one of the largest bankruptcies in U.S. history.
    2 weeks ago
  • Andrew Cuomo and the Incredible Industry-Wide Mortgage Fraud Investigation


    Blogger News NetworkAuthority Authority: 610
    In early December, after days of deliberation, an Albany jury delivered corruption convictions to Joseph L. Bruno, New York State’s former Senate majority leader. On their way to finding Joe guilty of two federal felony charges the jury requested extensive read-backs and clarifications. Joe’s crony cozy deals were ...
    2 weeks ago
  • Washington Mutual Advertisement


    Loan Credit CanadaAuthority Authority: 133
    A very funny commercial for Washington Mutual Home Loans. … washington mutual home loans banks money lending advertisement commercial funny power comedy Related Posts Beat home loans advertisement - “Red Carpet” Beat home loans advertisement - "Red Carpet" ...
    2 weeks ago
  • How to Search for the Trust or SPV Claiming Your Loan to Be Part of the SPV Pool


    Livinglies's WeblogAuthority Authority: 132
    Thank You ABBY! This post is from Abby. You can catch her email in comments where she originally posted. Just one word of caution: Just because the Trustee or officer of the SPV pool claims to have your loan doesn’t mean they really do. In fact they may only have a spreadsheet with no documentation, no original ...
    2 weeks ago
  • Online Banking With Washington Mutual?


    Verified WebsiteAuthority Authority: 147
    I’ve used Washington Mutual as my bank for over 5 years, but lately, I’ve been thinking of using their online bill-paying services. Does anyone else use them also? How reliable is the service? Have you had any problems? What about online security? Does anyone recommend a different bank? If so, why?Related ...
    3 weeks ago
  • Washington Mutual gave a mortgage to O.J. Simpson


    BloggingStocksAuthority Authority: 667
    Filed under: Housing With a $33.5 million judgment outstanding against him, O.J. Simpson would seem like a really, really dumb person to lend money to. But during the boom years of mortgage malfeasance, it seems, there was a really, really dumb lender ready and waiting to serve every really, really dumb borrower. ...
    4 weeks ago

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